The board of directors of the Grandshores Technology Group Limited announced that, on 11 January 2021, the Company and Roma Group Limited entered into the strategic cooperation agreement. which include Both parties will leverage their respective capital, platform and resource advantages to reach friendly cooperation to jointly promote the blockchain technology development and the industry investment environment. The Company intends to engage Roma as the corporate advisory consultant providing asset valuation and financing recommendation and support.

Roma intends to engage the Company as the blockchain technology consultant providing blockchain related technical recommendation and advisory. Both parties intend to jointly invest in blockchain and cryptocurrency projects, establish joint venture company, and set up blockchain and cryptocurrency-related funds with tentative fund size not exceeding HKD 2 billion.